The Canada Financial Growth for Quebec Areas (CED) is providing a repayable contribution of $3,200,000 for Russet Home. This CED assist will allow the enterprise to extend its manufacturing to raised meet demand and export markets.
“Because it was launched, Russet Home has dedicated to being an unparalleled strategic associate—for its workers, its shoppers, and its suppliers,” mentioned Leopold Moyen, President and CEO, Russet Home. “This funding will allow us to proceed to ship a product of unsurpassed high quality, proceed to put money into our workforce, and provides ourselves the chance to do the whole lot in home.”
Based in 2007, Russet Home specializes within the manufacturing of frozen candy potato fries. The household enterprise has turn into the third largest producer of frozen candy potato fries in North America. The goal of CED’s help is to allow the enterprise to turn into extra aggressive, whereas decreasing its carbon footprint by modernizing its manufacturing and dealing with processes at its Huntingdon plant.
“Our authorities has a mission to information the nation’s companies into the economic system of tomorrow and assist them seize enterprise alternatives as they come up,” mentioned Soraya Martinez Ferrada, Member of Parliament for Hochelaga, Minister of Tourism and Minister answerable for CED. “That’s the reason we’re offering our assist to key sectors in Quebec’s varied areas, together with agri-food. Tasks such because the one by Russet Home will assist make sure the restoration is inclusive and create good value-added jobs in our communities. Congratulations to your complete workforce on the success of this thriving enterprise!”